320 Kings Rd, Lafayette, LA, 70503 | 2.86% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Lafayette at 320 Kings Rd, Lafayette, LA, 70503 priced at $1,390,000 converts $3,317/mo rent into after a $6,803/mo obligation. Total monthly income equals $3,317/mo. Return on cash invested prints 6.27% in year one, and rental yield reads 2.86% against a $1,390,000 entry. Equity gained on principal adds $8,969/yr, while 5% annual appreciation compiles into $384,031 by year five. Five-year ROI reaches 29.59% and total cumulative return in cash sums $133,248. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,317/mo property income covering a $6,803/mo payment, not borrower’s personal income.

Single Family

Built in 1991

0.35 Acres lot

$N/A/sqft

No HOA